GREY:LFDEF - Post by User
Post by
investedwolfon Aug 19, 2015 9:17am
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Post# 24030803
Revenues are not there?
Revenues are not there?They are arrogantly avoiding this subject and anything tied to revenues. One can only deduct that there are no contracts in place yet and the MOU's are still MOU's. They are burning up cash at an undisclosed rate and made a point of saying they believe debt is an essential part of building a company. What this tells me they will draw down credit lines. With no increase in revenues UR could be in serious trouble in this current quarter. The selling will intensify as holders of winning positions look to protect profits along side some seriously underwater positions who willnot be able to accept the pain. My guess is back to the $1.12 level.. Hope i am wrong for current shareholders but not looking good.